Aviva PLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,371 shares of the communications equipment provider’s stock after buying an additional 310 shares during the period. Aviva PLC owned 0.06% of Motorola Solutions worth $8,966,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MSI. Cleararc Capital Inc. raised its stake in shares of Motorola Solutions by 0.5% in the first quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock worth $349,000 after buying an additional 22 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Motorola Solutions by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock worth $903,000 after buying an additional 34 shares in the last quarter. Signaturefd LLC raised its stake in shares of Motorola Solutions by 1.3% in the first quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock worth $286,000 after buying an additional 42 shares in the last quarter. Pitcairn Co. raised its stake in shares of Motorola Solutions by 0.5% in the second quarter. Pitcairn Co. now owns 8,990 shares of the communications equipment provider’s stock worth $779,000 after buying an additional 42 shares in the last quarter. Finally, Capital Investment Advisors LLC raised its stake in shares of Motorola Solutions by 1.5% in the second quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock worth $268,000 after buying an additional 46 shares in the last quarter. 87.68% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions, Inc. (NYSE:MSI) opened at 86.88 on Monday. The stock has a 50 day moving average price of $88.86 and a 200-day moving average price of $84.95. Motorola Solutions, Inc. has a one year low of $71.24 and a one year high of $93.75. The stock has a market capitalization of $14.13 billion, a P/E ratio of 22.91 and a beta of 0.32.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.07. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 EPS. Analysts anticipate that Motorola Solutions, Inc. will post $5.29 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, September 14th. Motorola Solutions’s payout ratio is currently 49.60%.

TRADEMARK VIOLATION WARNING: “Aviva PLC Has $8.97 Million Position in Motorola Solutions, Inc. (MSI)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/28/aviva-plc-has-8-97-million-position-in-motorola-solutions-inc-msi.html.

A number of equities research analysts recently issued reports on the company. Credit Suisse Group set a $95.00 price target on Motorola Solutions and gave the stock a “buy” rating in a research note on Thursday, July 27th. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $102.00 price target for the company in a research note on Thursday, July 27th. BMO Capital Markets raised their price target on Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Deutsche Bank AG raised their price target on Motorola Solutions from $73.00 to $78.00 and gave the stock a “hold” rating in a research note on Monday, August 7th. Finally, Cowen and Company reissued a “market perform” rating and set a $83.00 price target (up from $75.00) on shares of Motorola Solutions in a research note on Wednesday, August 9th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $94.33.

In other news, EVP Bruce W. Brda sold 25,299 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.11, for a total value of $2,254,393.89. Following the completion of the sale, the executive vice president now owns 23,829 shares of the company’s stock, valued at approximately $2,123,402.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eduardo F. Conrado sold 6,998 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the completion of the sale, the executive vice president now directly owns 22,858 shares of the company’s stock, valued at approximately $2,037,333.54. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by insiders.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI).

Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

Receive News & Stock Ratings for Motorola Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions Inc. and related stocks with our FREE daily email newsletter.